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The foreign portfolio investor (FPI) community, which is set to play a major role in positioning India as the third largest economy in the world, has pumped in nearly 52,910 crore in equity and debt this month (till July 26).
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Excluding tax havens such as Hong Kong, Singapore and the UAE, Indias capital gains tax remains one of the lowest globally, especially as the amount of capital gains increases.
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LIC MF Healthcare Fund, a healthcare sector based mutual fund, offered 4.71% return in the last week. Old Bridge Focused Equity Fund delivered 4.55% return in the said period. The next four funds in the list were from the pharma and healthcare sector.
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The digitization of agricultural lands under DPI will allow the government to maintain comprehensive and accurate records of farming land across the country.
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Analysts said India's capital markets are playing a vital role in the country's growth, thanks to advancements in technology, innovation, and digitization.
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News and Media